Categories
Property Real Estate

Potential Strata Corruption

#Property #RealEstate #HeiseSays Apartment caretake contracts are creating the potential for corruption. References https://mobile.abc.net.au/news/2019-10-20/markets-buying-risk-but-has-global-economic-conditions-improved/11618474?section=business

Categories
Economy Property

Investor Confidence Growing

#Property #RealEstate #HeiseSays Investor Confidence is apparently growing. References Low rates, strong rental yields boosting investor confidence in Qld

Categories
Property Real Estate

Worthless Off the Plan Apartments

#Property #RealEstate #HeiseSays Off-the-plan Apartments are losing their value in record numbers. References Majority of off-the-plan apartments worth less than purchase price, data shows https://www.abc.net.au/news/2019-10-21/majority-of-off-the-plan-apartments-worth-less-than-bought-for/11613256?fbclid=IwAR0z4c7meB5OaFftnrT-Im2lFdxQVIjZNae3QkLpkb1PDAta9M6sTQOTbAw

Categories
Economy Property

Will Quantitative Easing Restart the Housing Bubble?

#QuantitativeEasing #HousingBubble #HeiseSays Will Quantitative Easing restart the housing bubble? References Big change by RBA will increase house prices, says new report https://www.news.com.au/finance/economy/australian-economy/big-change-by-rba-will-increase-house-prices-says-new-report/news-story/d42c00dc0c5a7b07240a648cf227a84f

Categories
Economy Property Real Estate

Perth’s Housing Market

#Perth #Housing #HeiseSays Perth’s housing market has stagnated with significant oversupply and the government is pining hope in mining investment to stimulate migration. Worrying considering current mining investment is in automation and demand for resources is dependant on China. References Perth’s housing market is still lagging behind — and it will take more than a […]

Categories
Economy Housing Crash Property

Australia’s Unaffordable Housing

#Housing #Affordability #Australia Housing Affordability is a huge problem in Australia and will dampen hopes that soaring housing prices will save the Australian economy from recession. References House ownership is out of reach for ‘disenfranchised’ millennials, says CoreLogic property analysts https://www.abc.net.au/news/2019-09-28/disenfranchised-millennials-property-ownership-unaffordable/11555420?section=business Housing affordability in Australia https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability

Categories
Property Real Estate

Real Estate Agents Sell Out

#RealEstate #Property #Sydney Real Estate baron John McGrath sells his last property. Agent’s exiting the market is surely a sign of a boom? References ‘Mr Real Estate’ offloads his last propertyhttps://www.theage.com.au/business/companies/mr-real-estate-offloads-his-last-property-20190922-p52tst.html

Categories
Property Real Estate

The Property Market Rebound

#Property #RealEstate #Australia Another good weekend for the property market is leading some pundits to claim are rebound is underway. I am much too sceptical. References Property market has a spring in its step, but a rebound is not yet in the bag https://www.abc.net.au/news/2019-09-22/property-market-spring-price-rise-still-has-challenges/11529452?section=business

Categories
Construction Property

The Perth Convention Centre is Sinking

#Construction #Perth #Sinking The Perth Convention Centre is Sinking. Yes, sinking. References The Perth Convention and Exhibition Centre is sinking and it will cost more than $10 million to repairhttps://www.abc.net.au/news/2019-09-18/perth-convention-centre-car-park-sinking-as-subsidence-worsens/11524050

Categories
Property Real Estate

Sydney Housing Prices Predicted to Rise

#Sydney #Property #RealEstate Sydney housing is predicted to rise this spring season. Will the lack of consumer confidence in apartments drive people to housing? References To buy or not to buy? Australian housing prices set to shift https://www.news.com.au/finance/economy/to-buy-or-not-to-buy-australian-housing-prices-set-to-shift/news-story/42e94e8076362fbe9f296ec6c9023094